National Republican., 1887-03-30
OPENED STRONG AND ACTIVE.
Stock Prices Influenced by the Money
Market,

New YORK, Mar. 29.-For the first time
in many weeks the money market became
factor in the course Of prices, and, notwith-
standing the fact that the entire street is
talking In favor OF high figures, as long as
money beld up the stock market had sag.
ing tendency. The rates for, stocks were
to-day In process OF adjustment to those
for money, and this was an inducement TO
many operators to take the profits shown In
the operations OF the past four days. 1t is
also believed that the policy Of the leaders
is to prevent material advance until after
the April settlements. The market showed
somo degree Of strength in the early deal
ings, and London was q liberal buyer at
that time OF day, but the steady pressure OF
stocks for sale steadily forced prices down
until late In the day, when the easing Of the
rates for money somewhat encouraged buy
ing, and q spurt In New England aud the
Wabashes gave more character to the deal
ings.
The opening was again active and strong,
the advances over last evenings final
quotations ranging from to J per cent
Heavinees became more pronounced toward
noon, although the losses were measured
by fractions only. Later the market be.
came decidedly dull and entirely devoid Of
In New England began, and the general
! market responded slowly. In the last
hour there was considerably more business,
and prices were brought up to the neigh
borhood of opening figures, the close being
moderately active and firm to strong.
Money on call has been easy, ranging from
8 to Z, last loan at 3, and closing at 8
and 4. Sterling exchange is dull and
steady. Actual business at 4S4a to ass for 90.
day bills and 4s62 Ito 4S7 for demand.
Posted rates 1851 to 4SS. Government
bonds have been dull and steady to firm.
State bonds have been dull and steady.
Railroad bonds have been quiet and gen.
orally firm.
Treasury balances - Coin, $135, ,456, ,479
currency, $lS, ,253,6lS.
The following were the closing bid QUO
tations
.ss loo15; IS, 1854; AZ COUP, 1925; Pae 6s of
Cons, W; No. IS Of 81; l0lh; n. g; Cons; O.
do. 5s, 1O3; Va; Is, As; do. consuls X N. q,
il521; ,: 4 !: &: lst: 5S,5; NJ, K; & T., iolT
western cons, 139: do. debenturc, loolS; s.; l.
| 4 San Fran, .li0; st. Paul Cons. 12yS;
ST. L., Cbigo Pac. list, 1856 South Pac. lst,
iiSi West shore, T. lSe,s; 4 Adams d 1% Express i i5
Alton & r. H., 3SI5; do. pref so asked; American
Ex.. lo9; Bos. Air L, pref, 80; B; c. ar. N; 40;
lo Ches. 4 Ohio, "; Chicago 4 Alton, III;
G.: Con. Coal, %; Del; Hpd;, 1ol%; Del. l.,
!sS DePSfF POft 1asno s d Eg' ih hare% no. p!sSs ST.
Hous. & -Tex., 40; Ill. Cen. 129: Kans. q
| Texas, Sl7s; I. E. 4 W., is asked; Lake Shore,
| g55s: Lul. Y Nash, 66ls; Mari. 4 Con-. 155lI; NJ
Pac., 1os}2S Mob. & o., 161SS: Man. & E., 137; N.
Chat; Sih'N N. J; Central, 72Is; Nix. 4 "; pref,
SOS; Northern Pac., 2sld do. pref 5gJs; North.
1925; Chicago n st. L., 10; do. pref, 3o%;
| Ohio 4 Miss, 207s; do. pref, 90; Or. Nav, 100;
Pac. Mail, 5524; Pittsburg, 1852; Reading, 39!s
| 1859; st. L. & s. F. "a; do. pref, 69}s;
| LIST pref, 1855; st. Paul. 9l1a; do. pref,
| 1907; St. Paul & o., 81; do. pref, 1l2;
| Tex. Pac. 2g]4; Union Pac., 60ls U. 8. X,
621S Wab. Pac., 10; do. pref, 32IlS; Wells Far,
| 1913; W. Union, 777s: Tenn. Coal & Iron, Al;
Cotton Oil Trust, b2l4; Quicksilver, Gla; do.
pref, 3O
Following 10 the range Of prices in the Chicago
market, Furnished by B. X. Plain d Co., Bt. Cloud